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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: Don Roberts who wrote (273)5/6/1998 3:41:00 PM
From: WallStBum  Read Replies (2) of 1383
 
Don - I once read that over 50% of all US corporations are incorporated in the state of Delaware. So is Nevada the "new" thing.

Are you the only member of your investment club that you're setting up? I'd be curious how that all works out for you. MN starts at 6%, moves to 8% after $25k (married-joint, and to 8.5% after $100k. So needless to say, it's no good. Am looking for alternatives. Can I create a Nevada investment partnership with my wife as partner and just have a PO box in NV. I imagine MN would still want their share even if it's a NV corp and I'm still a MN resident.

dax
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